This property looks like a bad Long-Term investment with a projected -18.98% first-year return on $94,164 initial cash invested.
-18.98%
Cash On Cash
2.89%
Cap Rate
0.44
DSCR
$1,841
Rent
-$1,489
Cashflow
Cash Flow
$1,841 income − $3,330 expenses = $1,489 out of pocket
Investment Breakdown
|
Purchase Price
$448k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,164
Downpayment
20%
$89,680
Closing costs
1%
$4,484
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,841
Total Expenses
$3,330
Mortgage P&I
135%
$2,478
Property Taxes
12%
$216
Home Insurance
9%
$158
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0